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$477,000
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Property Description
Great investment--Two homes on one oversized lot. Home #1 is a 2 bedroom, 1 bath home with family room, kitchen, and front room area, just under 700 sq ft of living space. Home #2 is 2 bedroom, 1 bath home with family room and kitchen area, just under 600 sq ft. Units need some TLC but has huge potential. Walking distance to downtown, parks, schools. One unit is currently listed. Long term tenant would like to stay. Both units can be turned over vacant, if buyer desires.
Full Property Details
Full Property Details for 305 W Heald
General
- Sold For: $477,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: SW26009052
- Added to Site: 139 day(s) ago
Interior
- Rooms/Areas: Main Floor Primary Bedroom, Main Floor Bedroom, Family Room
- Appliances: Gas Range, Gas Oven
Rooms
Other Rooms
- Laundry: Outside
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Parking Features: Driveway
- Parking: Driveway
Location
- Area: SRCAR - Southwest Riverside County
- County: Riverside
- Development Name: SRCAR - Southwest Riverside County
- Driving Directions: Near corner of Heald & N. Langstaff
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 1
- # Electric Meters: 1
Structural Information
- Architectural Style: Bungalow
- Foundation: Raised
- Roof: Composition, Shingle
- Entry Location: 1
- Stories/Levels: One
- Stories Description: One
- Square Feet: 1,221
- Year Built: 1910
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Property View: Mountain(s), Neighborhood, Hills
- Lot Size (Acres): 0.19
- Lot Size Source: Assessor
- Lot Description: Level with Street, Rectangular Lot, 2-5 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $390.66
- Price Per Unit: 245000
Disclosures and Reports
- Exclusions: Personal belongings
Listed by Allison James Estates & Homes, Jessica Small
Sold by 24 Hour Real Estate, Jim Hernandez
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Schools
Schools serving 305 W Heald
School District:Lake Elsinore Unified School District
| Name | Grades | Distance |
|---|---|---|
Elsinore Elementary School 512 West Sumner Avenue, Lake Elsinore, CA 92530 | K-5 | 0.1 mi |
Elsinore Middle School 1203 West Graham Avenue, Lake Elsinore, CA 92530 | 6-8 | 0.6 mi |
Temescal Canyon High School 28755 El Toro Road, Lake Elsinore, CA 92532 | 9-12 | 2.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 305 W Heald
Date
Details
Price
Change
Source
5/26/2026
Sold
$477,000
-2.65%
MLS
3/05/2026
Price Reduced
$490,000
-5.77%
MLS
1/15/2026
Listed
$520,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
305 W Heald, Lake Elsinore, CA 92530 (MLS# SW26009052) is a Multi-Family property that was sold at $477,000 on May 26, 2026. Want to learn more about 305 W Heald? Do you have questions about finding other Multi-Family real estate for sale in Lake Elsinore? You can browse all Lake Elsinore real estate or contact a Coldwell Banker agent to request more information.

